Hello traders, ADA / USDT is in a bullish movement with returns of traded buy volume.
It left its bearish channel to enter an upward channel so the psychology has just changed and came to test the MA209. Great potential to once again cross short-term MAs on the false signal from the top of the bullish channel.
Once this we will see how the stock price reacts on the rising trendline in (clear blue) before the channel check. If we get closer we may have a new fallback input signal.
This is not an investment advice but a recommendation of use.
Thank you for taking the time to read my analysis. I hope you enjoyed it.
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